South Florida
Royal Park, 150 Australian Ave Palm Beach, 33480
13,900,000(-7.19% )
$12,900,000Price
5,031SqFt
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Size: 5,031 ft2 / 467 m2
Price: $2,564 ft2 / $27,600 m2
Built: 1910
MLS Number: R10991290
On Site: 176 Days
Updated: 51 Days ago
Page Views: 0
Opportunity awaits at this large 10,000+ sq. Ft. Property ideally located in-town on an ocean block of palm beach. Renovate the current structures, or tear down and build your dream home. Currently contains 7 total units; two quintessential palm beach cottages (one landmarked) and a 5 unit art deco multifamily building containing one 2 bedroom unit, three 1 bedroom units, and one studio. Also offers 4+ off-street parking spaces. Highly coveted and timeless location situated just steps to worth avenue, the ocean, and the best shops and restaurants in the area.
Price History
08/29/2024
Date
Price Reduced
Event
$12.9M
Price
-7.19%
Change Rate
$2,522 ft2 / $27,147 m2
Price Per
05/29/2024
Date
Listed
Event
$13.9M
Price
$2,717 ft2 / $29,251 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Michael Melear • Douglas Elliman • Buyer Agency Compensation .
Instant Comparative Market Analysis
$2,200/ft²
$3,000/ft²
$3,800/ft²
$4,600/ft²
Unit 150 Australian Ave – Asking
$2,564/ft²
(-6%) from Closed Medium $/ft²
Closed Medium $/ft²
$2,740/ft²
Community $/Price Range (Closed) $2396/ft² – $4420/ft²
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